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We study the relationship between climate change social norms (CCSN) and corporate cash holdings for U.S. firms. We find that county-level CCSN is significantly positively associated with cash holdings. Our main finding is robust to a battery of robustness tests. In a subsample analysis, we find...
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The electric power industry is restructuring as regulations move from states to regional and national levels. Estimates of regional fuel and input substitution are essential for practitioners and policy makers. This paper estimates substitution under static and dynamic scenarios, examining...
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type="main" xml:lang="en" <title type="main">Abstract</title> <p>This study explores the causal relationship among electricity consumption, economic growth and CO<sub>2</sub> emissions for a group of 14 sub-Sahara African (SSA) countries from 1980 to 2009 using panel cointegration and panel vector error correction modelling methods....</p>
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